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that's not going to change, but what harry reid is saying it's their fault. we already heard from mitch mcconnell, the republican leader, it's their fault, it's the democrats. finger-pointing in washing,ton, but what i heard from speaker bain e. he said we's expecting a new proposal by the president. swu the communication is off on the capitol hill switchboard but mcconnell sounds an awful like a guy that the president will make him a new proposal based on what he and the president discuss the laughed night. the real condition here is will president obama make a new deal for any deal that could be gotten done. >> i just tweeted that out, you nailed, it eamon. lots of finger-pointing an complaining and sour grapes going on and very little in the way of compromise talk. thanks very much. continue to monitor the situation and get back to you, if we need to. >> in the meantime, what does all this wringling. >> and harry reid going at it with senator mcmcconnell. we'll talk to outgoing kay bailey hutchison and get her take. what is she hearing? will we get a deal
that's not going to change, but what harry reid is saying it's their fault. we already heard from mitch mcconnell, the republican leader, it's their fault, it's the democrats. finger-pointing in washing,ton, but what i heard from speaker bain e. he said we's expecting a new proposal by the president. swu the communication is off on the capitol hill switchboard but mcconnell sounds an awful like a guy that the president will make him a new proposal based on what he and the president discuss the...
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Dec 28, 2012
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you talked about harry reid picking on me. harry reid suggesting that i'm the reason they haven't done anything is a little bit silly. he ought to look in the mirror, and the reason for that is the senate hasn't voted a budget in three to four years. it would be nice if the senate would pass a budget. then we could compare it to the republican budget, and perhaps we could compromise on how much spending we need to bring down. >> right. >> but raising taxes is not a compromise because the problem is spending. you can compromise on how much you cut spending. >> right. let me ask you this. we're running out of time as we always do. never enough time with grover norquist. how about this proposal from coaching and alexander today that would raise the debt ceiling by $1 trillion if you had a commensurate amount of money taken out of the medicare system by raising the age eligibility to 67 and means t t testing for wealthy recipients of medicare? does that work for you? >> well, if it's all on the spending side, remember, when we get
you talked about harry reid picking on me. harry reid suggesting that i'm the reason they haven't done anything is a little bit silly. he ought to look in the mirror, and the reason for that is the senate hasn't voted a budget in three to four years. it would be nice if the senate would pass a budget. then we could compare it to the republican budget, and perhaps we could compromise on how much spending we need to bring down. >> right. >> but raising taxes is not a compromise...
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Dec 29, 2012
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tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a deal on monday and is it going to be enough? >> i think we will have a deal. one big difference now than maybe a couple of weeks, three weeks ago is a lot of republicans believe that eventually they really believe that the president would cave and they would cave again just like they did in 2010 that if he's so worried about a second recession would just smear his second term and he would cave. if you saw the president today in the news conference, he did not look like a guy about to cave to me. he's not going cave. this deal will go through. >> what's it going to be. >> will
tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a...
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Dec 28, 2012
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that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get h
that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate....
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Dec 27, 2012
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reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a surprise.rise we have known we were coming to this point and there are two months more -- geithner estimated in that letter that the ways in which the federal government can manage money will give about would months worth of head room, possibly even longer. february or march or -- where we really get to the -- rubber hits the road on that issue. so -- this is not a shock to anybody in government but the publication of this letter and the elevation of the issues in attempt was done in 2011. there was an early moatfication by treas
reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a...
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Dec 28, 2012
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>> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other side comes on and says people at home aren't going, wow, i believe you, harry. or i believe i, mitch. they're saying you're both losers, right? >> right. >> my real concern is this is what the current version of america actually voted for. >> the house is different. all politics is local. harry reid, you know which interest he satisfies. >> they're not that far apart. if you look at the negotiating positions, they're not -- >> they're emotionally far apart. >> for that bigger deal. >> so, really, the numbers aren't that different. you would think with even a small amount of good will they could find -- >> i'll tell you, listening to harry reid, it was once again the only pe
>> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other side comes on and says people at home aren't going, wow, i believe you, harry. or i believe i, mitch. they're saying...
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Dec 28, 2012
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i don't see how harry reid who hasn't passed a budget in years manages to come up with something by sunday night. >> we look at how monday will turn out. a lot of developments over the weekend will determine that. guys, it's not going to be an easy open, that's for sure, on monday. >> i'm wondering what it will look like. at the same time, when you ask the question, maybe it's better -- it's a bad deal worse than no deal? president obama keeps talking about half a trillion in cuts, over ten years, we're doing that every five months when it comes to the deficit. $100 billion more person month that we spend over what we take in. you have to have bigger cuts on the table to get republicans to come along. >> we're only paying for 40% of what we spend today. it's interesting to see and what the futures are doing right now. very thinly traded at this hour on a friday evening it would be interesting to see and what they signal in terms of where we stand, now that we've heard from the president and some sort of modest optimism from both leader reid and minority leader mitch mcconnell. >> tyler, we
i don't see how harry reid who hasn't passed a budget in years manages to come up with something by sunday night. >> we look at how monday will turn out. a lot of developments over the weekend will determine that. guys, it's not going to be an easy open, that's for sure, on monday. >> i'm wondering what it will look like. at the same time, when you ask the question, maybe it's better -- it's a bad deal worse than no deal? president obama keeps talking about half a trillion in cuts,...
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Dec 28, 2012
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house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ m
house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,...
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Dec 26, 2012
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reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the question about the mini deal would be, what we're talking about, just to make clear for our viewers, would be a temporary extension of tax cuts for incomes under $250,000, a couple of months, for example, a temporary turn-off of the sequester, the automatic cuts equally in defense and nondefense programs that nobody wants to happen, you temporarily turn those off, you extend unemployment benefits, you do something about doctor payments under medicare. if that happens, and clears the senate, there would be a bipartisan majority in the senate if it is allowed to get to the floor, then you would have to have speaker boe
reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the...
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Dec 22, 2012
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reid's decision to make. and he also said that last night after his plan "b" failed. and so their message is going to be obviously be this is president obama's job and responsibility to come up with something, they tried, obviously couldn't get it through. but in the end, you know, republicans from the beginning of this, they've already -- they've passed two bills earlier this year averting the fiscal cliff before we got to the, you know, three day out period of going over the fiscal cliff. and they've been really bad at marketing that and saying, look, we put forward solutions, the democrats, especially in the senate have done nothing with them. and so i'm not really sure they can recover if we go over the fiscal cliff. like i said in the first segment, i think the best thing for them is to vote present, wash their hands clean and let the democrats live with the consequenc consequences. >> the democrats will have to live with the consequences and republicans, i think, are going to start moving toward tax ref
reid's decision to make. and he also said that last night after his plan "b" failed. and so their message is going to be obviously be this is president obama's job and responsibility to come up with something, they tried, obviously couldn't get it through. but in the end, you know, republicans from the beginning of this, they've already -- they've passed two bills earlier this year averting the fiscal cliff before we got to the, you know, three day out period of going over the fiscal...
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Dec 27, 2012
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senator harry reid to continue tax breaks for households with incomes below $250,000. the senate bill would also likely contain an extension of expiring unemployment benefits. the fiscal cliff is not the only ticking clock in washington. in a letter to congress treasury secretary tim geithner said the u.s. would hit the $16.4 trillion ceiling on monday. without extraordinary measures geithner announced that the treasury would begin accounting moves that would keep the government from hitting its credit limit for about two months. the treasury secretary warning that it's hard to predict exactly how much time the accounting moves will buy, because ongoing cliff negotiations make it hard for them to forecast revenue and spending for next year. >>> housing prices, some good news. on track to record their first yearly gain since 2006. it's a front page piece in "the wall street journal." it describes what is the strongest performance since the housing bust. the trend could accelerate this rebound we've seen in real estate. reason for the improvement, growing demand, shrinki
senator harry reid to continue tax breaks for households with incomes below $250,000. the senate bill would also likely contain an extension of expiring unemployment benefits. the fiscal cliff is not the only ticking clock in washington. in a letter to congress treasury secretary tim geithner said the u.s. would hit the $16.4 trillion ceiling on monday. without extraordinary measures geithner announced that the treasury would begin accounting moves that would keep the government from hitting...
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Dec 24, 2012
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the senate, the house, the president, they all want to do what's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot more talk than action because, let's see, i hear crickets or i hear some hula music but i certainly don't hear the ruffling of papers as any bill is getting passed. so i guess i will leave on this note on christmas eve. you know, i send my best wishes to all the military that are out of the country protecting us and making sure they secure the rights for every american, and i say to congress and the president, if you really were so concerned, you could have done a repeat performance. obviously obama care is signature legislation. cornhuskers, a lot of back room deals. but after 25 days of straight debati
the senate, the house, the president, they all want to do what's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot...
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Dec 25, 2012
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right now it's really up to senate majority leader harry reid to try to cobble something together that can get some republican support in the senate and the house to avoid the fiscal cliff. we are one week away from it, as you mentioned, and republicans are not even part of the discussions, both in the senate and in the house, and at this point they are certainly maybe having a working christmas. senate democrats and republicans, but i think it's interesting just to kind of recap what's going on here. before president obama and house speaker john boehner were working on a much bigger package obviously, not just to avoid the fiscal cliff but to try and tackle the long-term fiscal health of the country, trying to overall it was expected to raise some taxes, try to deal with entitlement reform and tax reform, those other big things like entitlement reform and tax reform get kicked into the new year, dana, so it's the gift that keeps on giving on this cli clifftmas. >> taking this pretty far. one of the key questions is whether or not senate democratic leader harry reid will be able to get
right now it's really up to senate majority leader harry reid to try to cobble something together that can get some republican support in the senate and the house to avoid the fiscal cliff. we are one week away from it, as you mentioned, and republicans are not even part of the discussions, both in the senate and in the house, and at this point they are certainly maybe having a working christmas. senate democrats and republicans, but i think it's interesting just to kind of recap what's going...
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Dec 25, 2012
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the white house is talking about senate democrats about what senate majority leader harry reid will have to cobble together when the senate reconvenes on the 27th and that's really the last-ditch effort. it's seen as the senate trying to do something that can also pass the house, so this is exactly what you would expect. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting
the white house is talking about senate democrats about what senate majority leader harry reid will have to cobble together when the senate reconvenes on the 27th and that's really the last-ditch effort. it's seen as the senate trying to do something that can also pass the house, so this is exactly what you would expect. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and...
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Dec 24, 2012
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senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything happens on the senate side? clearly, he could get things done from hawaii as well, but it could be at least symbolically for him to return to washington. >> reporter: definitely. we expect that he will be heading back to washington, d.c. he was supposed to be here through the new year. i will tell you nothing is official on the schedule that he's definitely going back to d.c., but the sense you get from the white house is that it's more an issue of when and not if. if there is a bill that goes through the senate, the president will have to be there in order to perhaps twist some arms and certainly the o
senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything...
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senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we could go over this fiscal cliff, alina. >> brianna, you talk about cobbling together a last-minute deal. the president admits there will be no grand bargain at this point. if there is something sort of cobbled together at the last minute, are you getting an indication the president would come back from hawaii early? >> reporter: i think that's the expectation. officially, he's supposed to be here through the new year, but folks at the white house are pretty honest about the fact that he likely will be returning to washington around the time the senate reconvenes. it's really just a matter of wh
senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we...
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Dec 26, 2012
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this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off at $250,000. we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a million collars for the cap of the tax rates expiring. so what is the position of the white house aides and the people are you talking to there in terms much getting a deal done? >> well, the difference would be, and when you remember plan "b" failed. it failed to garner
this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off at $250,000. we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal...
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>> all you have to do is look at what harry reid, the leader of the senate has been saying from day one. every time that speaker boehner put forth a common-sense plan to fix this problem, harry reid would say, right off the bat it is doa, dead on arrival. not one thing that speaker boehner proposed that reid said, oh, we can work with that. it's about scoring political points. the american people are tired of all of us, i understand that. we just make used car salesmen look good. that's the only group is below us. but we've got to get our act together, and prove to the american people that we can regain the trust that they once had in us and get the job done. and as you say, not kick the can down the road. they want to us work this out. i hope we do. >> let's talk about something a little more bright. the former marine stuck in mexico. if you don't know the story, he was basically trying to go on a surfing trip. an old winnebago and a bunch of surf boards and some sort of antique, torn apart gun that he wanted to use to hunt rabbits and birds. he got caught up in the judicial system and
>> all you have to do is look at what harry reid, the leader of the senate has been saying from day one. every time that speaker boehner put forth a common-sense plan to fix this problem, harry reid would say, right off the bat it is doa, dead on arrival. not one thing that speaker boehner proposed that reid said, oh, we can work with that. it's about scoring political points. the american people are tired of all of us, i understand that. we just make used car salesmen look good. that's...
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the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of reto
the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support....
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Dec 27, 2012
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sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other players and there's no reason to change it. i think as observers of this, the american public, you can say there's a real reason to change it. in terms of the p
sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in...
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not sure what the senate will do, as you say, we're expecting that smaller deal. what exactly will they vote on? perhaps something that will erase tax hikes for most but not all americans. there could be some money in there for unemployment benefits. they're cobbling all of that together today. all eyes again on the senate, as you say. an let's look at what's going to happen today. 10:00 a.m., that's when the senate comes into session, 10:00 a.m. 11:30 is when president obama returns from hawaii. so we expect many conversations after the president returns. then we have those five days, ali, as you s
harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not...
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harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure
harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea...
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reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an extended period of time, as you all know waiting for us. >> mr. president, i would just add -- i share the view of the majority leader, we had a good meeting down at the white house. we are engaged i
reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction...
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we've heard harry reid say several times today, we know what this is about. boehner is gone because he's waiting until he he gets re-elected as speaker on the 3rd. but truth tell both of those for me. are those justifiable concerns on either side? >> reporter: yes, they are actually justifiable political concerns on both sides. approximate both of those men are truth telling to a certain extent. not so much about boehner wanting to be re-elected but as we talked about before, the fact that after december 31st, what happens is everybody's taxes go up so house republicans when they take a vote -- if they take a vote after january 1st, that vote will be to cut taxes which is a very different political vote than voting to effectively raise taxes. so the -- harry reid is right about that when it comes to house republicans. and republicans are right that the president doesn't really think that he's going to get much political fault and damage if we go off the fiscal cliff because all the polls show a majority of americans will probably blame republicans for not pas
we've heard harry reid say several times today, we know what this is about. boehner is gone because he's waiting until he he gets re-elected as speaker on the 3rd. but truth tell both of those for me. are those justifiable concerns on either side? >> reporter: yes, they are actually justifiable political concerns on both sides. approximate both of those men are truth telling to a certain extent. not so much about boehner wanting to be re-elected but as we talked about before, the fact...
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reid as well as the senate minority leader mitch mcconnell, trying to figure out something that could ultimately pass the senate and then next pass the house with not only republican support but democratic support, as well. and the president holding out hope this could happen. take a listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> but the chances of getting something big done that deals with the fiscal health of the country, miguel, out the window at this point. this is something we're talking about to deal just with those tax cuts set to expire for those making $250,000 or less. and also the president wants to deal with extending unemployment benefits for people who are out of work, but when it comes to dealing with, say, entitlement reform and other things to bring down the deficit, tax reform, that's not expected to be part of this. >> wow, pushing it right to the edge. will americans, workers across the countr
reid as well as the senate minority leader mitch mcconnell, trying to figure out something that could ultimately pass the senate and then next pass the house with not only republican support but democratic support, as well. and the president holding out hope this could happen. take a listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can...
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reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference, and
reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this...
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reid. however, publicly what is being said sounds a whole lot like it has over the past couple of weeks, which tells us, randi, we're not exactly sure if we're going to get something worked out in the next few days. >> yeah, that's the question, of course. are we any closer? and i guess we don't really know. what about for workers? will they see any extra taxes coming out of their paychecks right on january 1st if there isn't a deal? >> you know, imagine being a payroll check processor at this point. they do not know what to do. if they are going to issue checks to people on the first week of the new year, a lot of people are expecting them to come, they have to cut those checks next week. and as of now, the irs hasn't told these companies how much they should be withholding taxes because they don't know because of this impasse in washington. so a lot of uncertainty about when this would start to be applied. would it be retroactively. don't know what your first paychecks could look like as
reid. however, publicly what is being said sounds a whole lot like it has over the past couple of weeks, which tells us, randi, we're not exactly sure if we're going to get something worked out in the next few days. >> yeah, that's the question, of course. are we any closer? and i guess we don't really know. what about for workers? will they see any extra taxes coming out of their paychecks right on january 1st if there isn't a deal? >> you know, imagine being a payroll check...
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reid, in hawaii for the funeral of daniel inouye and is now on his way back to washington. it would come down to the senate doing something. there would be a possibility that senate mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to personally support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, though, it doesn't just matter what the senate does, don. the house would have to pass something, and whatever were to come out of the senate at this point would require not just republican support, they made that clear last week when they didn't support speaker boehner's plan b. it would also require democratic votes, and that means it would come down to spea
reid, in hawaii for the funeral of daniel inouye and is now on his way back to washington. it would come down to the senate doing something. there would be a possibility that senate mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to personally support it,...
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all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas and of course we'll talk with you a little bit later. if there are any developments on the fiscal cliff. stay with cnn for any movement on that standoff day or night. we're the woolstons in turkey. i'm joel. >> katy, sidney, brittany. >> we'd like to wish merry christmas to our family in idaho. merry christmas! >> merry christmas! >> happy holidays! t an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now thi
all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas...
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and senate majority leader harry reid, it is up to him, really, to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that's going to be very hard for some republicans, maybe even some democrats to sign on to. >> right. and for just about a week ago, it was common to hear a deal will be hammered out. over the last several days we're hearing more and more that potentially this is a reality for americans in eight days' time. your sources in the administration, is there a real concern among some of the people you're speaking with that indeed this fiscal cliff will become a reality? >> i thi >> reporter: i think there is much more of a concern. a couple of weeks ago, you talk to folks not only in the administration but on the hill, there was a thought that this may be averted. now i do think there is more pessimism. you're hearing that publicly, hala. that's also what is going on behind the s
and senate majority leader harry reid, it is up to him, really, to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that's going to be very hard for some republicans, maybe even some democrats to sign on to. >> right. and for just about a week ago, it was common to hear a deal will be...
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senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that. you play thad sound bite from john baroso, saying it's politically expedestrianent for the president to go off the fiscal cliff. but both sides are saying, you know what? maybe it's better to go off the cliff. politically, members of congress will have to vet on tax cuts as opposed to now which are tax increases which are much harder to take. >> that's right. because the tax hikes will happen whether or not congress acts, so the school of thought here is that if republicans and temp kratz were to allow this just to happen, then they could vote for infect only tax cuts, not be on the record voting for
senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that....
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reid spoke to the president as well. but you know, everything gets done electronically now, that is how it works, answer to your question. >> jessica, i appreciate it, blackberry probably does too. >> when the blackberry actually works. >> see how this all -- how it all plays out and hopefully soon, jessica yellin, thank you very much. >>> next, more voices and they weigh in on where we stand in this negotiation process. stay here. these new phones they got us are great. yeah, its the galaxy note ii. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embar
reid spoke to the president as well. but you know, everything gets done electronically now, that is how it works, answer to your question. >> jessica, i appreciate it, blackberry probably does too. >> when the blackberry actually works. >> see how this all -- how it all plays out and hopefully soon, jessica yellin, thank you very much. >>> next, more voices and they weigh in on where we stand in this negotiation process. stay here. these new phones they got us are...
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why pass that when we know harry reid will kill it in the senate or obama will veto it? why go out on a limb and abandon the idea that republicans never allow a tax hike for something that's just going to be an attempt at a strategic thing? the reason they thought it would fail was because it would involve trying to what i meblamf we went over the fiscal cliff, and republicans don't think the media would accept that narrative. you know better than i would how the media would react but that was the feeling on the republicans' part, they couldn't successfully pin obama with going over the cliff. >> i never speak for the media, i speak only for myself, and i don't know. it's going to depend. you have a column in december that said, john boehner, cat herder. i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it's an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, look, john boehner was right, he gav
why pass that when we know harry reid will kill it in the senate or obama will veto it? why go out on a limb and abandon the idea that republicans never allow a tax hike for something that's just going to be an attempt at a strategic thing? the reason they thought it would fail was because it would involve trying to what i meblamf we went over the fiscal cliff, and republicans don't think the media would accept that narrative. you know better than i would how the media would react but that was...
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the senate democratic leader harry reid is the one trying to figure out if he can get the votes from enough republicans to pass the kind of scaled back bill that the president himself talked about on friday before he went to hawaii, which is effectively his plan to keep taxes in place, tax cuts in place, i should say, for every household making $250,000 and under and maybe add a few other tax related items, nothing on spending, but tax related items to that, the hope among democrats is that because we are so close to that deadline, that they can get enough republicans in the senate and the house ultimately to pass that, but, you know, the betting, according to sources in the republican and democratic party is still at this point that it is not going to be likely and we're most likely to go off the fiscal cliff. >> six days away. dana, what would majority leader reid have to add to the legislation to peel off just a few republicans, enough to get it through the house? i don't know if he would get widespread support from mitch mcconnell and the leadership, but just a few who are maybe
the senate democratic leader harry reid is the one trying to figure out if he can get the votes from enough republicans to pass the kind of scaled back bill that the president himself talked about on friday before he went to hawaii, which is effectively his plan to keep taxes in place, tax cuts in place, i should say, for every household making $250,000 and under and maybe add a few other tax related items, nothing on spending, but tax related items to that, the hope among democrats is that...
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harry reid has called on hawaii's governor neil abercrombie to appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat according to his brother, former congressman patrick kennedy. the "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he would most likely face off against former senator scott brown who lost his seat to elizabeth warren in the november elections. >>> thank you so much for watching today. i'm candy crowley in washington. head to cnn.com/so it tu for analysis and extras if you missed any part of today's show, find us on itunes, search state of the union. from all of us we want to wish you a merry christmas. "fareed zakaria gps" is next for our viewers in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to t
harry reid has called on hawaii's governor neil abercrombie to appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat according to his brother, former congressman patrick kennedy. the "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he would most likely face off against former senator scott...
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reid needs to figure out a way to cobble things together that they will get republican support in the senate and the house. carol, there is a significant chance -- and this is the truth we're hearing both publicly and privately from democrats and republicans -- that we could go over the fiscal cliff. >> well, enjoy the beach there then. i mean, what do you say at this point? you've just got to keep your fingers crossed and your toes and everything else. brianna keilar reporting live from honolulu this morning. >>> let's talk about the gun control debate because it's intensifying following the connecticut school shooting massacre. the nra's president wayne lapierre went on nbc's "meet the press" this weekend saying call him crazy for wanting to put armed security officers in schools. he doesn't mind. nra president david kean told cbs' "face the nation," a ban on assault weapons won't stop mass killings. >> we debated this before. we had a so-called assault weapons ban for ten years. we had what senator feinstein is suggesting. it was allowed to expire. the fbi, the justice department,
reid needs to figure out a way to cobble things together that they will get republican support in the senate and the house. carol, there is a significant chance -- and this is the truth we're hearing both publicly and privately from democrats and republicans -- that we could go over the fiscal cliff. >> well, enjoy the beach there then. i mean, what do you say at this point? you've just got to keep your fingers crossed and your toes and everything else. brianna keilar reporting live from...
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harry reid said late last night he wondered if there was enough time to get this done. we've known this cliff was coming for months and yet the capitol hill in washington seems to be taking this at the last minute hoping they can throw a hail mary in the last couple of days. they haven't been talking or dealing. the president's apparently going to put forward some kind of a scaled down plan. that is not good news for anybody. >> john, we know we've heard from a florida congresswoman earlier from cnn who talks about there is such gridlock it's very difficult to even imagine how that would be unlocked. i want you to hear what she said. >> it's about scoring political points. i know the american people are tired of that. they're tired of all of us, i understand that. we make used car salesmen look good. that is the on group that's b w below us, but we've got to get our act together and prove to the american people they can regain the trufrt they once had in us and get the job done and as you say, not kick the can down the road. they want us to really work this out. i hope
harry reid said late last night he wondered if there was enough time to get this done. we've known this cliff was coming for months and yet the capitol hill in washington seems to be taking this at the last minute hoping they can throw a hail mary in the last couple of days. they haven't been talking or dealing. the president's apparently going to put forward some kind of a scaled down plan. that is not good news for anybody. >> john, we know we've heard from a florida congresswoman...
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the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negoti
the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of senator mitch mcconnell? guest: the line that...
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but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to know what the president proposes we do for the other 357 days a year. inaction should not be a problem. the problems facing our country are baked but not all that complicated. -- are big but not all that complicated. the next two days will begin to define the president's second term. he was elected to lead. >> we also got an update from oulaurie mcginley this morning. >> what kind of a deal did the president offered? what is new on the negotiations among and between the centers in the white house backs -- senators in the white house what is new is the the have seemed to finally agreed they'r
but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to...
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the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been the role of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few d
the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been...
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Dec 22, 2012
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the president met with harry reid and also spoke with the house speaker. the president said he hoped any deal would include an extension of unemployment insurance and lay the groundwork for a larger deal. this is about seven minutes. >> good afternoon, everybody. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle- class. and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending, but also ask the wealthiest americans to pay more, a proposal that will strengthen the middle class over the long haul, and our economy over the long haul. in the course of these negotiations, i offered to compromise with republicans in congress. i met them halfway on taxes and more than halfway on spending. today, i am still willing to get a comprehensive package done. i still believe that reducing our deficit is the right thing to do for the long-term health of our economy and the confidence of our businesses. i remain
the president met with harry reid and also spoke with the house speaker. the president said he hoped any deal would include an extension of unemployment insurance and lay the groundwork for a larger deal. this is about seven minutes. >> good afternoon, everybody. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle- class. and to make sure we can spur jobs and...
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Dec 25, 2012
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reid. [applause] >> as an 18 or 19-year-old young man, i came to the realization i was not going to be the athlete of my dreams. i was not big enough, fast enough, or good enough. but i still have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the first place i go is the sports page. for a few minutes every morning, i dream of the athlete that i wanted to be. [laughter] and as i have dreamed over the decades, i thought, wouldn't it be great to be able to meet a babe ruth or lou gehrig? or maybe a rocky marciano? joe frazier? but today, i have been able to meet two of the people i have dreamed about going down to that 18th hole. with a good put, i can win this thing. this is a personal privilege for me to be able to meet the great jack nicklaus and to be here to help honor the great arnold palmer. we know that arnold palmer has played on the finest courses that the world
reid. [applause] >> as an 18 or 19-year-old young man, i came to the realization i was not going to be the athlete of my dreams. i was not big enough, fast enough, or good enough. but i still have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the first place i go is the sports page. for a few minutes every morning, i dream of the athlete that i wanted to be....
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Dec 28, 2012
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the president, vice president, john boehner, nancy pelosi, and harry reid and mitch mcconnell and if there are any statements after that meeting, and if the president has anything to say, we will have coverage of that on c-span and on c-span radio and always on c-span.org. thank you for joining us and enjoy the rest of your weekend. we'll be back tomorrow at 7:00 a.m. eastern time. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> in live look at the executive mansion where negotiations on the looming fiscal cliff move down pennsylvania avenue to the white house today. house and senate leaders meeting with the president to continue work. the meeting is set for 3:00 p.m. and we will monitor any news that comes from that. c-span cameras standing by. now back to the capital. the senate is in for business today. lawmakers are working on the foreign intelligence surveillance bill and also emerged to funding for sandy recovery efforts. the house and senate standing by to consider any fiscal cliff update. we had an update ear
the president, vice president, john boehner, nancy pelosi, and harry reid and mitch mcconnell and if there are any statements after that meeting, and if the president has anything to say, we will have coverage of that on c-span and on c-span radio and always on c-span.org. thank you for joining us and enjoy the rest of your weekend. we'll be back tomorrow at 7:00 a.m. eastern time. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012]...
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Dec 28, 2012
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before the senate adjourned yesterday, majority leader harry reid and minority leader mitch mcconnell debated the fiscal cliff and talked about negotiations surrounding the tax hikes and automatic spending cuts scheduled to take effect in a few days. this is about 5 minutes -- 15 minutes. >> madam president, you'll excuse me if i'm a little frustrated at the situation we find ourselves in, but last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i say i'm a little frustrated, because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literallye for months. a plan that would simplify theod tax code, shrink the deficit, protect the taxpayers and grow the economy. but democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. reelected. and congressional democrats sat on theirel hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wan
before the senate adjourned yesterday, majority leader harry reid and minority leader mitch mcconnell debated the fiscal cliff and talked about negotiations surrounding the tax hikes and automatic spending cuts scheduled to take effect in a few days. this is about 5 minutes -- 15 minutes. >> madam president, you'll excuse me if i'm a little frustrated at the situation we find ourselves in, but last night president obama called myself and the speaker and maybe others from hawaii and asked...
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Dec 28, 2012
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. >> harry reid announced an interest change with the filibuster rules. do you support the change? >> we have to do something. you can't have sixty vote threshold on virtually everything and get something done. that is a process that is i think an -- as far as i'm concerned. people think of a filibuster back when the film of the james stewart goes to washington. if we're going have filibuster, i think we should have those rules in place, what we do need do is change it so that mr. smith stays on the floor during the filibuster. it doesn't just run time against the senate and go to senate forum calls for indefinitely periods of time while waiting for the time frame to go so you can the vote. it doesn't make any sense to do that. if somebody feels strongly enough they want to bring the senate to a halt, they should be willing to stay there on the floor and explain why or -- i think it will be self-sort of self-enforcing that people will be less likely to file a filibuster as often as they have been through the record. the number of filibusters filed over the last two or three or four
. >> harry reid announced an interest change with the filibuster rules. do you support the change? >> we have to do something. you can't have sixty vote threshold on virtually everything and get something done. that is a process that is i think an -- as far as i'm concerned. people think of a filibuster back when the film of the james stewart goes to washington. if we're going have filibuster, i think we should have those rules in place, what we do need do is change it so that mr....